Carlson School of Management: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships
Founded in 1919, Carlson School of Management is a business school at the University of Minnesota - one of the leading public research universities in the United States. Established as the University of Minnesota School of Business, this coveted school of the US Education System has evolved through the years to become a global center for excellence in research and academics.
Priding itself with a rich history of educating and preparing the world's current and future business leaders, the institute every year welcomes candidates from across the globe and has an international student population of 15%. It offers diverse courses with 10 majors and 13 minor alternatives to choose from.
Admissions at Carlson School of Management are available in several intakes and observed November 1 and January 1 as its early and regular application deadlines. All the applicants of the institute must deposit a non refundable fee of 55 and 95 USD for undergraduate and graduate admissions, respectively. The school is a highly selective organization for studying in the USA with an acceptance rate of around 28%.
Carlson School of Management is ranked
- 28th in the list of Best Business Schools in the U.S. by U.S. News and World Report in 2020
- 11th in the list of World University Rankings in Masters in Business Analytics by QS ranking in 2020
- 58th on the 2020 list of Best MBA Programs Schools in America by Niche
- 1st on the list of Top Online Business Programs in Minnesota by Niche in 2020
|Type of College||Public|
|Parent Institution||University of Minnesota|
|Location||Minneapolis, Minnesota, USA|
|Total No. of Academic Programs||9|
|Student to Faculty Ratio||16:1|
|Application Portal||School Application Portal|
|English language proficiency score||TOEFL or equivalent|
|Financial Aid||Available as grants, awards and scholarships|
Programs, campus and Accommodation
- The institute is nestled on the Main Campus of the University of Minnesota located in the Twin Cities of Minneapolis and St. Paul.
- Twin Cities of Minneapolis and St. Paul is home to 17 Fortune 500 companies offering students access to a thriving business community for internship and job opportunities
- The cities are ranked the 5th best city for new college grads in the United States and the 5th most innovative city in America affording students a springboard of career development
- The school is housed in two state-of-the-art buildings (The Carlson School building and adjoining Hanson Hall) on the main campus of the University of Minnesota.
- Experiential learning laboratories, Research facilities, two computer labs, Student lounges are also housed at the college complex.
- Students are open to join any campus athletic team, club, and other association on campus.
- The University of Minnesota offers a plethora of furnished housing to students of Carlson School of Management who wish to live in University residence halls and apartments.
- The institute in general offers housing to approximately 1,850 students in traditional residence halls and approximately 1,100 students in apartment-style units.
- Residence hall rooms are furnished with desks, beds and mattresses, chairs, refrigerator, cable tv service, drawer space, wastebaskets, and wireless internet.
- Gender Inclusive Housing is also available on campus
- Single-gender housing options for students are available throughout all housing facilities and students in relationships are discouraged from living together.
- Limited disability housing resources are available on campus, thus students with disabilities are advised to apply early.
- 2019/2020 housing rates range from 7,404 USD to 8,684 USD for residence hall rooms and 5,766 USD to 9,606 USD for apartments.
- A meal plan is not required for on-campus residents.
- The university also offers resources to help students who wish to stay off-campus to secure a conducive apartment.
- The school offers an array of courses for international students including 10 majors, 13 minors options
- Through the Global Discovery Program, the institute offers international programs in dozens of countries worldwide.
- The most popular programs at the school include Business, Labor Relations, Accounting, Taxation, and Applied Economics
- Master of Business Administration (MBA) offered in Carlson offer students access to award-winning faculty, opportunities for global exploration, hands-on projects with real clients, etc
- The organization provides 20-month Executive MBA programs on weekends
- Online MBA program is also to full-time professionals
- Ph.D. programs are also offered in 7 areas of concentration
Carlson School of Management Application Process
How to apply?
Application fee: 55 USD for undergraduate and 95 USD for graduate programs
- Early Action Deadline: November 1
- Regular Deadline: January 1
- Graduate application deadlines vary by program
Basic Admission Requirements:
- Undergraduate students
- Secondary school transcript(s)
- Academic Coursework
- SAT (1320 – 1430) and/or ACT (29 – 32) results—preferred but not required
- English language proficiency test score (TOEFL iBT:79, IELTS: 6.5)
- An English translation for all documents not issued in English
- Graduate Students
- Personal academic statement
- Three recommendation letters
- GMAT or GRE Test Scores
- Official TOEFL or IELTS scores (TOEFL iBT:79 - 100, IELTS: 6.5 – 7.0)
Applicants are considered for admission based primarily on their academic records. Other factors include:
- Extracurricular involvement
- English language proficiency test score
- ACT or SAT scores, (if provided)
- Participation in Volunteer Programs
- Work experience
- Special skills or talents
- Extenuating circumstances
Carlson School of Management Cost of Attendance
For all the candidates enrolling at the school in the 2020-2021 academic session, an estimated budget for international students looking to study in the US has been tabulated below
|Type of Fee||Cost|
|Full-time tuition and fees (9 months)||35,913 USD|
|Mandatory health insurance (12 months)||2,457 USD|
|Living expenses||18,795 USD|
The estimated cost for graduate programs is:
|Type of Fee||Amount (USD)|
|Tuition||27,870 – 54,500|
|Required Fees||500 – 2000|
|Living expenses, books, and supplies||16,000|
|Total||53,274 - 82,100|
The institute awards 2.5 million USD worth of awards annually and various scholarships for international students to study in the USA. Undergraduate scholarships are offered to international candidates based on merit and financial need
Financial Aid awarded to graduate students is mostly graduate assistantships (teaching or research under the direction of a faculty member). Annual salaries for full-time graduate assistants are in the range of 15,000 USD to 29,000 USD.
Scholarships available to eligible international students are:
- Global Excellence Scholarships (merit-based awards) worth 10,000 USD to 25,000 USD
- International Student and Scholar Services Scholarships (need-based awards) worth 1,000 USD to 5,000 USD
- #YouAreWelcome Here Scholarship worth 16,000 USD
- Graduates of the institute are given the opportunity of expanding their network by becoming members of the alumni community
- The alumni community has over 55,000+ members across 102 countries.
- The alumni network is a cross-section of some of the world's most influential business leaders.
- Notable alumni include:
- Curtis L. Carlson – Chairman, Carlson Companies, Inc.,
- John G. Stumpf (MBA) - Former CEO, Wells Fargo
- Thomas O. Staggs (BSB) - Former COO, The Walt Disney Company
The institute is in partnership with hundreds of companies that recruit students. At graduation, 96% of MBA graduates of the full-time program gain permanent employment. After undergraduate study, 97.8% of the 2019 graduating class reported post-graduate plans within three months of graduation
Prominent employers of the school are Google, Deloitte, LinkedIn, Pepsi, Johnson & Johnson, General Mills, etc. The average annual salary of Carlson graduates was reported at 109,000 USD by PayScale.
Find a Program
Times Higher Education
International Business (International)
Due to my regular treatment in the USA I usually go and visit the USA, and last year I've completed my graduation in BBA which increases my interest in this college. I came to know about this from one of my friends who is passed out from UMD and her placement was also good. To start with the registration process amount of $55 is to be given as application fees by me.
Course Curriculum :
At the Carlson School, students modify their education to fulfill their career motives. My course curriculum is Financed by excellent faculty, cutting-edge coursework, and comprehensive networking openings, students assemble a remarkable list of experienced accomplishments even during the time of course. MBA is a 2-year program course in which advanced business leadership is taught.
Like any other college in the United States of America, this college too had a registered portal through which I enrolled myself upon the payment of $70 online application fees. Then I submitted my graduation certificate, which certified that I am a graduate in the field of economics with mathematics as my special elective. The infrastructural facilities and the placement opportunities that the college was lucrative indeed.
Course Curriculum :
This one year integrated degree was a perfect balance for a student wanting to upgrade his analytical reasoning skills along with in-depth knowledge about the existing business environment. The tri-semester course consists of subjects like Business Essentials, Programming for Data Science, Data Management and Warehousing, Causal Inference via Econometrics and Experimentation and Agile Management of Analytics Projects.
I wanted to pursue my bachelor's abroad to broaden my horizons and gain a different perspective on International Business. I chose Carlson School of Management for its amazing academic and placement record. I had scored 97% in my 12th boards (high school) in the commerce stream and that boosted my application for admission that I submitted online. I had paid an application fee of $50.
Course Curriculum :
The course is set up in a way where we get exposure to international breadth in areas like economy, globalization, etc which will deepen our knowledge about how business is done beyond the boundaries. We also get a clear picture of the pros and cons of doing international business and how to be solution-oriented while dealing with a mishap. Few topics that are covered in our course are International Accounting, International Business Communication, cultural anthropology, global trade and policy, etc.
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